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Latest business news in Kenya Latest business news in Kenya

Insurance Regulatory Authority (IRA)

5 Articles
90% of the policyholders were clients of their medical insurance business. [Photo/ TheInformer]
FEATURED STORY

Resolution: What’s Next for Stranded Customers

“Resolution Insurance owed creditors, had incurred claims worth Sh2.5 billion, and had collected premiums worth Sh4.1 billion as of December 31, 2020. The...

To receive compensation, the Policyholders Compensation Fund  (PCF) will require Resolution clients to provide proof of their claims. [Photo/ BBC]
FEATURED STORY

Resolution Insurance Clients to Get Upto Ksh250,000 Each – How to Claim

The collapse of Resolution Insurance  followed its failure to settle claims or honor obligations to creditors. There had been mounting complaints from consumers...

Resolution's Health Insurance division, in particular, made its presence felt in the market. [Photo/ KMI]
FEATURED STORY

The Fall of Resolution Insurance

On Tuesday, April 5, the Insurance Regulatory Authority (IRA) confirmed the worst as it announced that the firm had entered receivership due to...

The suit was filed by the Kenya Human Rights Commission (KHCR) in response to price hikes and adjusted terms by insurance companies.
BUSINESS

Court Blocks Insurance Companies’ Increase of Premiums

The suit was filed by the Kenya Human Rights Commission (KHCR) in response to price hikes and adjusted terms by insurance companies. KHCR...

An IRA officer during a past sensitization activity. Insurance Agents will need to access the IRA Online Portal www.ira.go.ke in order to apply for renewal of registration as well as update their profile where necessary. [Photo/ IRA]
BUSINESS

Insurance Agents Race to Beat September Deadline for Renewal

If it is established upon inspection of an insurance company that they are  dealing with or have dealt with an insurance agent or...

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